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30221  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 05:26:20 PM
 

I understand that it can be difficult to make changes in law or society - especially, the larger the community.  Don't get me wrong, I do NOT appreciate having certain rule imposed upon me; however, I try to find ways in which I can accept and live in harmony without proclaiming that the government is some alien entity that is separated from my human interests.  Personally, if I were to pick one thing that irritates me the most about government is NOT the concept of taxes, but instead it is the fact that money has too much influenced government and those with a lot of money are NOT paying their fair share of taxes.  Accordingly, regular people have to pay more taxes b/c of the money corruption  that has infiltrated into the most recent government(s)... worse in the past 20 years or so.

I don't agree to disagree when the issue at hand is whether or not I am a slave. This isn't hyperbole. I can't leave the country without permission and even if I am allowed to leave, I still must file U.S. tax returns for ten years. I can't vote to change the system. There is no option on the ballot to leave the elected posts empty for the next term. Democracy is not consent of the governed anyway; it is consent of the majority or more accurately the plurality.

Slavery won't go away because it is immoral. It will go away because it is economically obsolete. There's just not much profit in it anymore and it is becoming less profitable by the day.


I am sad that you live in a state of mind that you feel that you are being forced.  Yes, I agree with the government in A LOT of ways; however, mentally, I recognize the fact that I live in a community of people.  The world is NOT just about me, and in this community of people, a variety of compromises have been made.  Some of the compromises are pure bullshit... Well, maybe a lot of them are pure bullshit that are in place to oppress people.  I recognize the law as a weapon of the rich to oppress the poor - however, it seems that my mentality is different from yours b/c I am NOT going to expend all of my energies bitching and moaning about how unfair it is and suggesting that the only solution is to throw out the baby and the bathwater by some kind of ousting of government.  That is too outrageous b/c there are a lot of people in the community, besides me.  

Personally, I believe that if there were ways to remove money influence in politics, and we were able to elect people to serve the interests of the people as a whole, rather than the rich, then we would move a long way towards a better society.  

If you and I sat down for a beer, I am sure that there would be a lot that we would agree upon, but I am NOT going to agree that the starting place is to shut down government (tomorrow or next week).  Change needs to be more incremental and focused, if such change is going to be meaningful and a product of society rather than a product of the will of only a few.

How can you possibly infer that opposition to monopoly governance equates to opposition to community? That's the most baffling non sequitur I can imagine. If you think rule of law is essential (and it is) then you cannot let the law be subverted by allowing one entity only to interpret and enforce that law, because then you effectively have rule of man and not rule of law. Of course politicians are going to be bribed and the wealthy are going to bend the State to their will. They have the incentive to do so. No reform is possible with the existing incentive structure in place. I'm not advocating an armed insurrection. That would be futile. I am advocating participation in the system to the least amount possible until in crumbles under its own weight.  


I still ponder over whether we made any progress in our conversation regarding this topic.   I remain of the position that it is my belief that government serves way to many roles to either discontinue it or to completely ignore it.  If you do NOT participate in government, then others will, and the others who are participating are going to have more power and leeway b/c you are NOT participating.  I do NOT see that as a solution that will cause some ultimate pie in the sky collapse... as you are suggesting.  I also find it very unproductive for people to be spouting off that government is NO good without offering solutions.    I seem to be repeating myself.. in regard to saying that I cannot see it productive to just say get rid of all government.. makes little to NO sense to me.

We're not making progress because you are not listening. The solution to the problem of monopoly governance is distributed governance. Businesses can compete to provide traditionally state-provided services the same way they compete to provide any other kind of services. Public goods can be provided through assurance contracts. And the collapse is coming whether you can see it or not. You don't have to agree with my ideology. All you need is basic math skills. The Federal Reserve and many other central banks are near the zero bound already. With no capital formation it's only a matter of time.


I am attacking your ideas and NOT you personally.  YOU may be a nice guy, and we may get along to have a beer; however, your most recent post  is bullshit - especially the first sentence.  YOU cannot just keep repeating the same concept using different words, and then accuse me of NOT listening or NOT understanding your brilliance.  Can you be a little more respectful to the opinions of others?  YOU do NOT have any crystal ball regarding the future regarding the role of government that is any better than my ideas - just b/c they seem to vary somewhat.  You are being patronizing  engaging in a form of personal attack and acting as if I do NOT know anything about what I am saying, merely b/c my views vary from yours.  

Yes, I agree there are a lot of irresponsible behaviors of current governments (especially this printing of money and giving the money to rich people without any accountability to cause them to loan the money or give the money to the people), but governments are also very resilient and they have many supporters and blood suckers that are NOT going to let them fail any time soon....


When do you expect this supposed governmental collapse?  In the lifetime of anyone reading this thread?  within 70 years?  I probably only have 30-40 more years left in me, at best, if I'm lucky.  

YOU are talking pie in the sky, if you think that you have a vision and a prediction about the downfall of government that is more sound and more realistic than anyone else's b/c your prediction is based on some kind of mathematics (that certainly cannot fail to prove correct, yeah right).



30222  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 09:59:54 AM
From http://www.reddit.com/r/Bitcoin/comments/1zz21j/mtgox_2014_hack_database_revealed_live_from_mark/, presumably derived from the database leak:

Quote

Balance SUM for ALL USERS by currency.    
[][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][]    
Currency: AUD     Balance:     924,124.65121    
Currency: BTC     Balance:     951,116.21905382  <-- That fat fuck has been lying!!    
Currency: CAD     Balance:     320,184.36558    
Currency: CHF     Balance:      99,487.07308    
Currency: CNY     Balance:     297,775.78994    
Currency: DKK     Balance:     112,264.56207    
Currency: EUR     Balance:   5,634,625.59531    
Currency: GBP     Balance:     921,892.96793    
Currency: HKD     Balance:     740,519.14894    
Currency: JPY     Balance: 384,885,150.13700    
Currency: NOK     Balance:      91,346.00305    
Currency: NZD     Balance:      58,224.95320    
Currency: PLN     Balance:   1,645,194.67364    
Currency: RUB     Balance:     551,162.54477    
Currency: SEK     Balance:      15,335.84383    
Currency: SGD     Balance:      43,193.59706    
Currency: THB     Balance:     666,464.33497    
Currency: USD     Balance:  30,611,805.67481    
[][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][]    

Total BTC Deposits:  19,065,241.307202      
Total BTC Withdrawl: 18,563,466.149383    
------------------------------------    
BTC Difference:         501,775.157819    

[][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][]    

Note that, if this is legit, it does not show what MtGOX had, but what it owed to its customers at the time the database snapshot was taken. (Is this right?)

EDIT: markup


And, ONE Of my problems with this data, is that I cannot figure out from when the data snapshot was.  What's the date?


Why did the "MTGOX HACKED!!!" thread dissapear? Did Blitz erase it?  Huh

it was illegally shared

might have something to do with it

in other news: winklevosses dumping on our asses  Cool http://www.reddit.com/r/Bitcoin/comments/2004fg/111k_coins_just_moved_any_information_on_this/

Aren't they starting the winkdex... they are going to need to transfer some coins around in order to get the winkdex started, no?










30223  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 09:44:25 AM
Jay

If someone tells you they are going to buy drugs with bitcoin then you have a legal duty not to sell bitcoin to them.   Just like you have a legal duty not to sell someone a pillow if they tell you they are going to use it to asphyxiate their mother in law. And no this is not a govt conspiracy against pillow dealers.

http://en.m.wikipedia.org/wiki/Accessory_(legal_term)

Thatt you may consider this to be an unreasonable intrusion of the government into your affairs is not particularly relevant.

We are dealing with floating facts, here. 

Also, I understand that there are laws, so YOU do NOT need to lecture me on relevancy of certain laws to the facts that we are batting around.....


If I were in the business of trying to get rid of my bitcoins through localbitcoins and attempting to eek out a living.. I could give a flying fuck, what people are using the bitcoins for, and I find it completely troubling that they want to tell me that they are going to do something illegal with them..... b/c I could care less.... and I do NOT need to know those kinds of details,,,,   Most people are NOT going to be so stupid as to involve you or to tell you that they are going to use the btc to engage in illegal activity.. (same with cash if I was giving someone cash for gold... they gave me gold and told me what they were going to do with the cash.. I dont care).... .... and especially, some 20 year old kids are NOT going to know the difference...  b/c they are merely just trying to sell some bitcoins and to make a profit...  so it is kind of a set up for some stupid ass FBI agents to be telling people these things about how they plan to use their bitcoins to buy drugs or to be able to hire a killer or some thing in order to attempt to get the 20 year old kid involved... the kid doesnt care.. just wants to make money on the bitcoins...  The FBI agent is telling details in order to set up the kid for a sting.. ...     THAT'S RIGHT.

ON the other hand, once we know that there is this kind of FBI targeting of people on localbitcoins who are just trying to make some cash to accuse them of being some kind of accomplice... therefore, some of them (Including myself if i were to do it), would chose NOT to sell bitcoins to people who are spouting off about doing illegal activities with their bitcoin.

It's the same if I am trying to sell my motorcycle... and I am getting a little bit desperate b/c NO one wants to buy it for $2,000.  Everyone who contacts me is offering me less than what it is worth.  Finally, I get someone who says that he will pay me $2000 for it...  and I am happy and O>K... let's just do the deal.. why the fuck do you need to tell me that you are going to use the motorcycle to rob a bank... I do NOT care and I do NOT want to know what the fuck you are going to use it for... and most people who really were going to use it that way would NOT tell those kinds of details..   And, all I want to do is to sell you my motorcycle.. and i do not give a shit about what you are going to use it for.. I am NOT trying to enable you to rob any bank... even though that ends up being the result... .and then I am pissed off b/c I cannot sell my motorcycle b/c you had to go and tell me what you were going to use it for...



30224  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 09:24:08 AM
 

I understand that it can be difficult to make changes in law or society - especially, the larger the community.  Don't get me wrong, I do NOT appreciate having certain rule imposed upon me; however, I try to find ways in which I can accept and live in harmony without proclaiming that the government is some alien entity that is separated from my human interests.  Personally, if I were to pick one thing that irritates me the most about government is NOT the concept of taxes, but instead it is the fact that money has too much influenced government and those with a lot of money are NOT paying their fair share of taxes.  Accordingly, regular people have to pay more taxes b/c of the money corruption  that has infiltrated into the most recent government(s)... worse in the past 20 years or so.

I don't agree to disagree when the issue at hand is whether or not I am a slave. This isn't hyperbole. I can't leave the country without permission and even if I am allowed to leave, I still must file U.S. tax returns for ten years. I can't vote to change the system. There is no option on the ballot to leave the elected posts empty for the next term. Democracy is not consent of the governed anyway; it is consent of the majority or more accurately the plurality.

Slavery won't go away because it is immoral. It will go away because it is economically obsolete. There's just not much profit in it anymore and it is becoming less profitable by the day.


I am sad that you live in a state of mind that you feel that you are being forced.  Yes, I agree with the government in A LOT of ways; however, mentally, I recognize the fact that I live in a community of people.  The world is NOT just about me, and in this community of people, a variety of compromises have been made.  Some of the compromises are pure bullshit... Well, maybe a lot of them are pure bullshit that are in place to oppress people.  I recognize the law as a weapon of the rich to oppress the poor - however, it seems that my mentality is different from yours b/c I am NOT going to expend all of my energies bitching and moaning about how unfair it is and suggesting that the only solution is to throw out the baby and the bathwater by some kind of ousting of government.  That is too outrageous b/c there are a lot of people in the community, besides me.   

Personally, I believe that if there were ways to remove money influence in politics, and we were able to elect people to serve the interests of the people as a whole, rather than the rich, then we would move a long way towards a better society. 

If you and I sat down for a beer, I am sure that there would be a lot that we would agree upon, but I am NOT going to agree that the starting place is to shut down government (tomorrow or next week).  Change needs to be more incremental and focused, if such change is going to be meaningful and a product of society rather than a product of the will of only a few.

How can you possibly infer that opposition to monopoly governance equates to opposition to community? That's the most baffling non sequitur I can imagine. If you think rule of law is essential (and it is) then you cannot let the law be subverted by allowing one entity only to interpret and enforce that law, because then you effectively have rule of man and not rule of law. Of course politicians are going to be bribed and the wealthy are going to bend the State to their will. They have the incentive to do so. No reform is possible with the existing incentive structure in place. I'm not advocating an armed insurrection. That would be futile. I am advocating participation in the system to the least amount possible until in crumbles under its own weight. 


I still ponder over whether we made any progress in our conversation regarding this topic.   I remain of the position that it is my belief that government serves way to many roles to either discontinue it or to completely ignore it.  If you do NOT participate in government, then others will, and the others who are participating are going to have more power and leeway b/c you are NOT participating.  I do NOT see that as a solution that will cause some ultimate pie in the sky collapse... as you are suggesting.  I also find it very unproductive for people to be spouting off that government is NO good without offering solutions.    I seem to be repeating myself.. in regard to saying that I cannot see it productive to just say get rid of all government.. makes little to NO sense to me.




30225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 09:09:49 AM
I get the sense that he is a 24 year old that did NOT realize that he was getting in over his head, and the government was setting him up b/c of his role in bitcoin.  From what little I know about Shrem, I doubt that he had criminal intentions.

We should not get ahead of the tribunals, but have you read the document?
http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
(Check the details of Count Four, specifically.)

I had NOT previously read through the charges document.  I understand that in order to get this past a judge, prosecutors need plea evidence specific enough, that if true, would be a prima facie case of a violation of the law.  However, if the matter goes to court, they have to prove all of the applicable alleged facts are in fact true and would arise to a violation of the law, and mitigating factors are NOT sufficient in order for a jury to find that Shrem had criminal intent.  Even glancing over count four, I cannot tell whether Shrem is some kind of evil guy acting with bad intentions - that he knowingly was engaged in some kind of joint operation with BTCKing.  Surely, when Shrem was dealing with millions of dollars; probably, it would have been advisable to receive legal consultation concerning his actions.  I thought that Shrem was attempting to run a legitimate bitcoin business, but maybe he got too involved.  Also, there may be some mitigating circumstances also that could let Shrem off the charges b/c Shrem was NO longer engaged in business relations with BTC King between late 2012 into 2013.




The issue is not whether Shrem is innocent or not, but what is sensible policy for a Foundation or other people who wish for bitcoin to succeed.  Like in the case of MtGOX, it seems that people cannot separate personal friendships from the promotion of bitcoin; almost if "bitcoin" was a specific group of people, rather than a computing/economics project.


Who is to say?  I would imagine that members of the board of the bitcoin foundation are quite attached to Shrem..  From my understanding, they are NOT unified in their opinion about whether to associate with him or whether they should help him or associate with him.  I heard an interview with Shrem, and he was a point person between the bitcoin foundation and GOX and the bitcoin foundation was involved in working with GOX.  Shrem may have access to information to which other bitcoin foundation members do NOT have access.  And, there is some utility in that.

Karplees and Shrem are NOT the same people.  Accordingly, Karpeles may have irritated bitcoin foundation members more b/c he was engaging in activity that seemed to be more damaging to bitcoin as a whole - even though Karpeles has NOT been brought up on any charges, yet.


Surely, these are recent evolving developments, and we do NOT know (at least I do NOT know) the level upon which members of the bitcoin foundation had personal relations with either Karpeles or Shrem, and surely it is possible that the bitcoin may take a vote and take an official position to support or to distance themselves from either Karpeles or Shrem.








30226  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 02:50:31 AM
 

I understand that it can be difficult to make changes in law or society - especially, the larger the community.  Don't get me wrong, I do NOT appreciate having certain rule imposed upon me; however, I try to find ways in which I can accept and live in harmony without proclaiming that the government is some alien entity that is separated from my human interests.  Personally, if I were to pick one thing that irritates me the most about government is NOT the concept of taxes, but instead it is the fact that money has too much influenced government and those with a lot of money are NOT paying their fair share of taxes.  Accordingly, regular people have to pay more taxes b/c of the money corruption  that has infiltrated into the most recent government(s)... worse in the past 20 years or so.

I don't agree to disagree when the issue at hand is whether or not I am a slave. This isn't hyperbole. I can't leave the country without permission and even if I am allowed to leave, I still must file U.S. tax returns for ten years. I can't vote to change the system. There is no option on the ballot to leave the elected posts empty for the next term. Democracy is not consent of the governed anyway; it is consent of the majority or more accurately the plurality.

Slavery won't go away because it is immoral. It will go away because it is economically obsolete. There's just not much profit in it anymore and it is becoming less profitable by the day.


I am sad that you live in a state of mind that you feel that you are being forced.  Yes, I agree with the government in A LOT of ways; however, mentally, I recognize the fact that I live in a community of people.  The world is NOT just about me, and in this community of people, a variety of compromises have been made.  Some of the compromises are pure bullshit... Well, maybe a lot of them are pure bullshit that are in place to oppress people.  I recognize the law as a weapon of the rich to oppress the poor - however, it seems that my mentality is different from yours b/c I am NOT going to expend all of my energies bitching and moaning about how unfair it is and suggesting that the only solution is to throw out the baby and the bathwater by some kind of ousting of government.  That is too outrageous b/c there are a lot of people in the community, besides me.   

Personally, I believe that if there were ways to remove money influence in politics, and we were able to elect people to serve the interests of the people as a whole, rather than the rich, then we would move a long way towards a better society. 

If you and I sat down for a beer, I am sure that there would be a lot that we would agree upon, but I am NOT going to agree that the starting place is to shut down government (tomorrow or next week).  Change needs to be more incremental and focused, if such change is going to be meaningful and a product of society rather than a product of the will of only a few.
30227  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 02:42:43 AM
Shrem was likely set up by the US Govt (harassment of sorts). 

Well, I read that FBI document with charges against him, and they seem rather serious.

If the charges were drug buy/sell/use one could say that they had nothing to do with his role in the bitcoin movement.  But the charges are about his failure to do his duty as the AML person in his exchange.  Hard to dissociate that from bitcoin. 

It is expected that his friends would defend and support him, but having him as a spokesman for bitcoin, taking part in bitcoin roundtables, etc. looks very bad from out here.

Besides, why would the USG want to harass him? For his role in bitcoin?  But why him and not other prominent bitcoiners?

Charges does NOT a case make.  The government has to prove the charges, and if these are criminal the burden is beyond a reasonable doubt.  There are a lot of people who have been suppressed and oppressed by receiving criminal charges.  And, apparently, the evidence regarding Shrem came from his voluntary providing information b/c he was assisting the government to establish regulation...

I get the sense that he is a 24 year old that did NOT realize that he was getting in over his head, and the government was setting him up b/c of his role in bitcoin.  From what little I know about Shrem, I doubt that he had criminal intentions.

Let's say for example, that you are engaged in a bank money exchange and your customers are drug dealers.  You may or may NOT be involved in their drug dealing business... but it seems that the government is trying to target someone who did NOT have illegal intentions....

Have you heard about some of the recent FBI stings regarding local bitcoins in which FBI agents pose as customers for bitcoins, and they tell sellers on localbitcoins that they are going to use the bitcoins to buy drugs (or some other illegal activity).  Why the hell should I give a flying fuck for what purpose the buyer wants the bitcoins, I am just selling bitcoins.  Anyhow, it is a form of set up to bust people who are selling bitcoins.... people who may have no intent to do anything illegal; however, the fact that the buyer tells them what he is going to do, then the seller becomes an accomplice.  those are bullshit setups.


The govt may pick shrem b/c he seems to be an easy target in terms of resources at his disposal and ability to defend himself and he also seems to be a fairly honest kid that just speaks his mind... without realizing that he is being set up in some technicalities.



30228  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 02:23:42 AM
Also, I would NOT categorize taxation as an involuntary taking.... ... even though there are some difficulties in electing within which society (community) and set up that we want to live.  The role of government tends to be a complicated topic... and such topic has been especially inflammatory from time to time....

Try not paying and see what happens. Just because a gang outnumbers you does not make the robbery any the less.


I prefer NOT to get into drawn out discussion about the role of government, and/or the extent to which there is a consensual nature to being governed or being a part of a society. 

Nonetheless, I am suggesting that equating individualized theft (or being robbed by a corporation or being defrauded) with taxation will cause considerable oversimplification about the differing concepts and differing dynamics. 

Viewing taxation as theft (or as an involuntary taking) is bringing the wrong framework b/c questions about taxation are a lot more complicated than theft  or other categories of involuntary takings.  For example, you mention the size of the gang... and this seems to be fuzzy logic to view government as a gang.. .. as if you are being ganged up upon and that government is something apart from one's self... even though there remain tensions between community and self, theft is different.

It actually is the exact same thing. It's just that in the case of taxation the group doing the taken are much more powerful and at the same time believe (for the most part) that they are morally in the right (which they aren't in my opinion).

You as a citizen have a role in government, and you have a choice in where to live. 

Government is not Other people ganging up on you - even though frequently, it may seem as if an individual cannot do much to change the society in which s/he lives, but government is NOT the same as a thief. 

I have already made my point several times that a person asserting that the government is the same as a thief is failing to recognize complexity.. and chooses to simplify to the point of losing the point.. and if you keep repeating it over and over that government is the same it is the same, that does NOT prove any point.  Accordingly, there is NOT much use of continuing such a conversation in which I am saying that government is different from a thief.. and you (and others) are saying that government is the same as a thief.. We are NOT getting anywhere... and probably, it does NOT matter too much to the subject of this thread or the original point that was being made, which I believe was involving Mt. Gox taking BTC from customers.

Yes, I do have a role in government, and that role is to dismantle it or more accurately to allow it to dismantle itself as it is currently doing at an accelerated pace. Society needs governance, but that governance must comply with the values of the society itself, which in the West means consent of the governed. The American revolution was an attempt at governance with consent, but it was shortly hijacked (around 1787) when the constitutionalists nullified the Articles on Confederation. Clearly neither the Aritcles nor the Constitution were capable of embodying the ideals for which the war was fought.  Back then the technology to implement truly distributed governance was not available. It now is. Monopoly governance is not as Thomas Paine suggested a necessary evil. It is not necessary at all, at least not anymore.



I doubt that we are, in any time soon, going to achieve a world in which government is completely unnecessary.  That seems to be pie in the sky thinking.   It is possible that bitcoin can move us in a direction in which the role of government (and its money) is completely changed; however, in the short term, we are NOT going to be "saved" from government.


Surely, I have NO problem with guys having visions about ways in which we can improve society; however, some kind of cold turkey abolition of government does NOT seem to be ANY kind of meaningful or realistic solution.  There are too many vested interests and too many people would be hurt with such radical measures.


To suggest that a complex theft is not a theft merely because of the complexities involved is laughable. It's like arguing that a Boeing 747 isn't an airplane.


It appears that you have a passion to argue about this kind of a topic, and possibly accomplishing such by merely continuing to reassert your same argument over and over that government taxation is theft.  That is NOT a meaningful argument.

When I mention complexities, I am NOT wanting to get into this topic b/c there are a lot of governments - national, state and local, and government serves a wide array of functions - military, policing, regulatory, social benefits, economic.  Yes, theft may occur within government; however, when the topic of theft came up, we were referring to the actions of GOX.  Gox is NOT a government as far as I know.  Gox was NOT engaged in taxation... So to compare the thievery activities of GOX to taxation is taking us far afield from the original point(s) being made.



30229  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 02:08:45 AM
Involuntary takings are theft regardless of who is doing the taking.

Or how.

Taxation.


Taxation and theft are of two different categories...

Also, I would NOT categorize taxation as an involuntary taking.... ... even though there are some difficulties in electing within which society (community) and set up that we want to live.  The role of government tends to be a complicated topic... and such topic has been especially inflammatory from time to time....

Oh yeah, and theft within the government can be quite complicated as well.... yet mostly different from the kinds of thefts going on in bitcoin circles.

We have a fundamental difference in outlook. It is a commonly believed lie that if the group of people have a certain cloak of legitimacy and do the taking ostensibly for the benefit of the victims and go by a certain "transparent" process that such involuntary takings are not in fact theft. All this means is that it is a successful theft, not something else. I will not budge on this. If I am imprisoned and I eat the prison cafeteria food to keep from starving, it does not mean I volunteer to be imprisoned. I do not consent.

I don't see any problem with agreeing to disagree.  It seems that i already addressed this in my other post..  (https://bitcointalk.org/index.php?topic=178336.msg5614843#msg5614843).

So it is likely that we would be repeating ourselves and NOT getting anywhere to pursue such a conversation. 

I understand that it can be difficult to make changes in law or society - especially, the larger the community.  Don't get me wrong, I do NOT appreciate having certain rule imposed upon me; however, I try to find ways in which I can accept and live in harmony without proclaiming that the government is some alien entity that is separated from my human interests.  Personally, if I were to pick one thing that irritates me the most about government is NOT the concept of taxes, but instead it is the fact that money has too much influenced government and those with a lot of money are NOT paying their fair share of taxes.  Accordingly, regular people have to pay more taxes b/c of the money corruption  that has infiltrated into the most recent government(s)... worse in the past 20 years or so.









30230  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 01:56:40 AM
Also, I would NOT categorize taxation as an involuntary taking.... ... even though there are some difficulties in electing within which society (community) and set up that we want to live.  The role of government tends to be a complicated topic... and such topic has been especially inflammatory from time to time....

Try not paying and see what happens. Just because a gang outnumbers you does not make the robbery any the less.


I prefer NOT to get into drawn out discussion about the role of government, and/or the extent to which there is a consensual nature to being governed or being a part of a society. 

Nonetheless, I am suggesting that equating individualized theft (or being robbed by a corporation or being defrauded) with taxation will cause considerable oversimplification about the differing concepts and differing dynamics. 

Viewing taxation as theft (or as an involuntary taking) is bringing the wrong framework b/c questions about taxation are a lot more complicated than theft  or other categories of involuntary takings.  For example, you mention the size of the gang... and this seems to be fuzzy logic to view government as a gang.. .. as if you are being ganged up upon and that government is something apart from one's self... even though there remain tensions between community and self, theft is different.

It actually is the exact same thing. It's just that in the case of taxation the group doing the taken are much more powerful and at the same time believe (for the most part) that they are morally in the right (which they aren't in my opinion).

You as a citizen have a role in government, and you have a choice in where to live. 

Government is not Other people ganging up on you - even though frequently, it may seem as if an individual cannot do much to change the society in which s/he lives, but government is NOT the same as a thief. 

I have already made my point several times that a person asserting that the government is the same as a thief is failing to recognize complexity.. and chooses to simplify to the point of losing the point.. and if you keep repeating it over and over that government is the same it is the same, that does NOT prove any point.  Accordingly, there is NOT much use of continuing such a conversation in which I am saying that government is different from a thief.. and you (and others) are saying that government is the same as a thief.. We are NOT getting anywhere... and probably, it does NOT matter too much to the subject of this thread or the original point that was being made, which I believe was involving Mt. Gox taking BTC from customers.

30231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 01:14:24 AM
Also, I would NOT categorize taxation as an involuntary taking.... ... even though there are some difficulties in electing within which society (community) and set up that we want to live.  The role of government tends to be a complicated topic... and such topic has been especially inflammatory from time to time....

Try not paying and see what happens. Just because a gang outnumbers you does not make the robbery any the less.


I prefer NOT to get into drawn out discussion about the role of government, and/or the extent to which there is a consensual nature to being governed or being a part of a society. 

Nonetheless, I am suggesting that equating individualized theft (or being robbed by a corporation or being defrauded) with taxation will cause considerable oversimplification about the differing concepts and differing dynamics. 

Viewing taxation as theft (or as an involuntary taking) is bringing the wrong framework b/c questions about taxation are a lot more complicated than theft  or other categories of involuntary takings.  For example, you mention the size of the gang... and this seems to be fuzzy logic to view government as a gang.. .. as if you are being ganged up upon and that government is something apart from one's self... even though there remain tensions between community and self, theft is different.
30232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 12:55:46 AM
Mr Idiot seems to have rolled back his hyperbole and isn't publishing his whatever it is tomorrow http://two-bit-idiot.tumblr.com/

The "bitcoin community" is haunted by zombies -- people and entities that should have been expelled and forgotten long ago but are still walking around doing damage.   Mark Karpeles and the Shrem Karpeles & Friends Foundation are the two egregious examples.  (The former founder of Brazil's  BitcoinRain is our local example here.)

It seems that being "a respected member of the bitcoin community" is more like a nobility title than a job.  Once you become one, you remain one for life, no matter what mess and damage you do.

Two-bit idiot accused two members of the Board of having had privileged access of some sort at MtGOX.  Now he says that he is backing down because the community closed ranks around those people, and because he does not want to give ammunition to "bitcoin's formibdable enemies".   Can't he see that by doing so he is doing just that? 

MtGOX could be dismissed as a scam by done by a single-person, it the community had been quick to disown him as soon as his management of the exchange became suspicious and harmful to his clients. Instead we saw many "respected members of the community" support him.

See for instance Roger Ver's emphatically vouching for the solvency of MtGOX, when he must have been conscious that he had not enough evidence of it.  Was he motivated by his friendship to Mark, or by his belief that preserving the image of MtGOX was important to preserve the public image of bitcoin?  Either way, he apparently thought that such  motive was more improtant than preventing investors from putting their money and bitcoins into a dubious business.   In the end, his testimonial only hurt the image of bitcoin even more:  "Is there anyone in that community that we can trust?"

The about-face of the Two-Bit Idiot seem to be another instance of that mentality, and to me has the same effect as Ver's testimonial...


I agree with some of your conclusions about bitcoin leaders need to set good examples, and surely the community of bitcoin leaders is evolving.   

Nonetheless, I think you are over simplifying and potentially misleading if you try to equate these various bitcoin personalities, b/c they each have their particular circumstances  in which they are NOT equals. 

Shrem was likely set up by the US Govt (harassment of sorts). 

Still do NOT know why Ver vouched for Mt. Gox.. that has NOT been explained, yet b/c we still do NOT know what is going on, exactly, with GOC. 

Two bit idiot has his own conflicting issues, and based on the current evidence, there is NO way that we can be sure that he is acting in betrayal or bad faith in having had pulled back from his earlier threat to publish insider information regarding potential shenanigans of foundation members.




30233  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2014, 12:40:43 AM
Involuntary takings are theft regardless of who is doing the taking.

Or how.

Taxation.


Taxation and theft are of two different categories...

Also, I would NOT categorize taxation as an involuntary taking.... ... even though there are some difficulties in electing within which society (community) and set up that we want to live.  The role of government tends to be a complicated topic... and such topic has been especially inflammatory from time to time....

Oh yeah, and theft within the government can be quite complicated as well.... yet mostly different from the kinds of thefts going on in bitcoin circles.
30234  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2014, 11:06:40 PM
Serious question:
What's the point of the mtgox data dump, and even looking into it?
It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.
Possible that I'm missing something though, so please correct me if I didn't think this through enough...

You can probably bind the data in the MtGox database with blockchain data. Then, you can find all MtGox used Bitcoin addresses. Then, you can find where the rabbit hole goes ...


Yes, could answer questions concerning whether GOX is lying, which could impact individual account holders and could impact the bitcoin supply and could impact public impression of bitcoin and security related issues.. or fears.
30235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2014, 05:58:32 PM
MtGox's FUD cloud is still blocking the sky. not sure if its going to rain....
market seems to be holding its ground.
with MtGox DB being analyzed and two bit Idiot trying to make some noise, we have a very interesting week ahead of us.



Mr Idiot seems to have rolled back his hyperbole and isn't publishing his whatever it is tomorrow http://two-bit-idiot.tumblr.com/


That is one strange and anti-climactic release.   

Initially, he said that he had goods, and he is saying that he still has goods, but releasing the goods will likely NOT cause the effect of the resignation of two bitcoin foundation members.  Therefore, he is going to regroup and get back to his life....

And, really he does NOT disclose whether he will get back to releasing anything at any point in the near future, which causes me to believe that this issue is dead... at least for a few weeks - though TwoBit has made himself out as a bit of an admitted drama queen... so he may be back, sooner than we otherwise expected with this theme of bitcoin foundation corruption.






30236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2014, 05:41:28 PM
wowz almost 45BTC raised for dorian. nice nice Smiley

What if he does not want them? lol.


there is already a  plan for that.. convert to dollars and offer dollars.. if he does not want then donate to his charity and then if he does not name a charity, then it goes to MOI.... me... Smiley
30237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2014, 07:11:39 AM
I have not seen evidence of fake traffic at Huobi, but I suspect that there may be fake traffic at OKCoin.

First, traffic at OKCoin slows down at night, but does not stop completely like at Huobi; there is a steady backgrount traffic 24/7.

Second, most Huobi transactions occur randomly at the two ends of the current spread, as one would expect from buyers and sellers independently moving to meet each other's position; whereas many of those at OKCoin seem to occur in at random places in the middle of the real spread, as if the buyer and seller had a rendez-vous there.

OKCoin also seems to have an excess of small transactions.  (I should make a histogram to confirm that.)

Here is a plot of a few minutes's worth of transactions.  Each dot is a transaction (except that transactions with same timestamp and price may hide each other).  Dot size is proportional to BTC volume.


Am I seeing things?



I'm seeing dinosaurs, too.....   or maybe train cars being assembled in the form of a carrousel?  Kind of like a circus.

I do NOT claim to know very much about how one exchange may differ from another or the way that a bot may work based on the way it interfaces with the exchange.  However, couldn't some of the explanation of differences be based on how bots may need to be programmed differently based on the exchange rules, fees and maybe based on times of greater or lesser volatility?  

But, yes, I can understand why you may consider certain patterns to infer that the trades may NOT really be taking place b/c they do NOT make sense to be occurring under those circumstances... even if it were due to the programing parameters of bots... that are paying nearly zero fees.










30238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2014, 04:59:17 AM
Classic dead cat bounce showing on the 1hr. Last Monday's pennant isn't looking too successful now.

Next Monday, 2bit is going to release info on foundation members. $180 by Friday, Adam?


Yeah, worst case scenario of news could cause a dramatic decrease in prices, but 70%, seems doubtful.  Maybe we may get another flash crash into the upper $400s, but even that seems questionable, if we do NOT even know the DAMNING news.


implying that anyone cares about the 2bittrash, his 5 minutes of internet fame were over a week or 2 ago.

Maybe you are correct, and maybe, just maybe, 2bit is ONLY an attention whore....   I kind of doubt that.  There may be some there, there?  It seems that we cannot know for sure (or condemn 2bit), until we see the presentation of the DAMNING evidence.

$480 by Monday night.
$800 by Friday morning.

Based on numbers that I completely pulled out of my ass using absolutely no graphs, charts, or history. And that's probably as good of a guess as anyone trying to predict the Bitcoin market with all those fancy tools.

Certainly, I like specifics... and thanks for that.  You are suggesting an immediate negative reaction to the 2 bit news, but we will be over it by Friday.  I tend to think that we can make 800 by friday, only if there is NOT any kind of negative reaction to the news.  If we get a negative reaction, like you predict (down to 480), then we could NOT make anymore than upper $600s by Friday... I'm kind of pulling this out of my ass, too...  Wink


30239  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2014, 10:17:32 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!  Cry

yep it worked, made me smile but i'm sorry for your (hope small) loss, unless you were just joking  Tongue


NOW>>>> if we could just get up to $666 again...  Maybe that could be the new poll question, even though the old one has NOT been met and the time has NOT run, yet?  I am inclined to think we will NOT quite make it to $666 today.. but maybe tomorrow or Monday.. even though we still seem to have the Monday (two bit) news looming over us...
30240  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2014, 09:03:15 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!  Cry

That's crazy.... but thanks for the good intentions.... I guess Tongue
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